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Paptic
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Short description

Developer of a new material to replace plastic and paper bags

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Espoo, Finland
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Updated by Sunena Gupta at on 10/30/2023

Edited by Cleantech Group on 07/02/2024

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Date Partner Type
09/22/2022
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Confirmed by Walki Group
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IPO INFORMATION

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Prospectus

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Source

Description

Date Investors Type Amount
02/20/2024 UB Forest Industry Green Growth Fund UB Forest Industry Green Growth Fund , SIG InnoVentures SIG InnoVentures , European Innovation Council (EIC) European Innovation Council (EIC) , Emerald VC Emerald VC (4)
Post-money valuation of
Funding raised in addition to the September 2023 Series A round.
Series A
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